Orkla ASA
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Nils K. Selte
- Full Time Employees
- 18,616
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- Pb. 423 Skøyen Oslo PS Norway 0213
- IPO Date
- Jan 20, 2010
- Website
- orkla.com
- Similar Companies
- Business
- Orkla ASA (ORKLY) is a leading Norwegian consumer goods conglomerate that develops, manufactures, and markets branded products in the food, food ingredients, branded consumer goods, and other areas. The company offers a wide range of core products and services, including grocery products such as ready meals, pizza, fish balls, ketchup, bread toppings, and crispbread under brands like Grandiosa, Stabburet, and Big Dipper; confectionery and snacks including chocolate, chewing gum, potato chips, and nuts under brands like Nidar and Jordan; and health and personal care items such as hygiene products, cosmetics, and nutritional supplements under brands like Jordan and Pierre Robert. Orkla also provides ingredients for food production and operates in other consumer goods segments like home and garden products; its operations span the Nordic region, Baltics, Central and Eastern Europe, India, and other international markets. Founded in 2005 through the merger of Orkla Industries and Unilever Norway, the company is headquartered in Oslo, Norway, and maintains a portfolio of subsidiaries focused on branded consumer goods across multiple categories. In recent developments within the last 1-2 years, Orkla has pursued strategic divestitures including the sale of its remaining ownership in Orkla Food Ingredients to private equity firm NX-Fund IV in 2024, enabling a sharper focus on core branded consumer goods; additionally, the company completed the acquisition of Mepal, a Dutch home and storage products firm, in 2023, expanding its portfolio in durable consumer goods, and announced leadership changes with Stein Erik Hagen transitioning roles in early 2025 to support long-term growth initiatives.
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Orkla ASA (ORKLY) Shareholder/Analyst Call Prepared Remarks Transcript
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